South Boston, MA Office Buildings for Lease
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South Boston, MA Office buildings Lease Rates & Market Statistics
Explore 156 Office buildings for lease in South Boston, MA on Realmo, a commercial real estate exchange covering the South Boston area. The current inventory totals 6,350,232 square feet of properties — an average of ~40,700 SF per listing.
Office buildings lease rates in South Boston range from $20 SF/Yr at the entry level to $55 SF/Yr at the top of the market, averaging $31.17 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $31.17 SF/Yr, the local average runs 37% above Massachusetts's state average of $22.71 SF/Yr.
South Boston accounts for 98% of the 159 office buildings currently available across Suffolk County, where nearby markets include Boston and Cambridge. Office buildings make up 28% of the 556 Office Spaces currently for lease in South Boston, with asking rates averaging $31.17 SF/Yr — 21% below the citywide Office Spaces average of $39.32 SF/Yr. Tenants comparing options may also consider Office Units (375 listings) and Creative space (40 listings) elsewhere in the South Boston market.